JPMorgan Chase & Co. Buys Shares of 35,932 Goldman Sachs Dynamic California Municipal Income ETF $GCAL

JPMorgan Chase & Co. bought a new stake in shares of Goldman Sachs Dynamic California Municipal Income ETF (NYSEARCA:GCAL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 35,932 shares of the company’s stock, valued at approximately $1,822,000. JPMorgan Chase & Co. owned 1.50% of Goldman Sachs Dynamic California Municipal Income ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Miracle Mile Advisors LLC bought a new position in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 3rd quarter worth approximately $81,456,000. Perigon Wealth Management LLC bought a new position in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 3rd quarter worth approximately $1,101,000. Weaver Consulting Group lifted its stake in shares of Goldman Sachs Dynamic California Municipal Income ETF by 130.8% in the 3rd quarter. Weaver Consulting Group now owns 20,194 shares of the company’s stock worth $1,024,000 after purchasing an additional 11,444 shares during the period. First American Trust FSB bought a new position in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 3rd quarter worth approximately $2,598,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Goldman Sachs Dynamic California Municipal Income ETF in the 3rd quarter worth approximately $5,931,000.

Goldman Sachs Dynamic California Municipal Income ETF Trading Up 0.2%

Shares of NYSEARCA:GCAL opened at $50.72 on Wednesday. The firm’s 50 day moving average price is $51.12 and its 200-day moving average price is $50.99. Goldman Sachs Dynamic California Municipal Income ETF has a twelve month low of $47.72 and a twelve month high of $51.72.

Goldman Sachs Dynamic California Municipal Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a $0.1439 dividend. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Monday, March 2nd.

Goldman Sachs Dynamic California Municipal Income ETF Profile

The Goldman Sachs Dynamic California Municipal Income ETF (GCAL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income by investing in municipal securities exempt from federal and California state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration GCAL was launched on Jul 23, 2024 and is issued by Goldman Sachs.